17th Dec 2019 11:43
(Alliance News) - Tristel PLC on Tuesday said it has performed in line with expectations in the first half of its current financial year, leading to profit growth of 17%.
The stock was 4.3% higher in London in morning trade at 362.40 pence a share.
Ahead of its annual general meeting, the manufacturer of infection prevention products said it expects unaudited pretax profit for the six months to the end of December to be no less than GBP2.8 million, up from GBP2.4 million a year earlier.
"The expected pretax profit includes a positive contribution from our operations in Belgium, the Netherlands, France and Italy which were all acquired during the past year," said Chief Executive Paul Swinney.
Tristel said it will report its interim results on February 24.
By Evelina Grecenko; [email protected]
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